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BEDROOMS2
BATHROOMS1
KITCHENS7 + 1
ROOMSS12017647
MLSIDContact Us
Property Description
Investors, contractors, and first-time buyers, this is your chance to transform a prime property! Sitting on approximately a 50' x 208' lot with R4 zoning, the possibilities are endless to renovate, expand, or redevelop. This 3-bed, 2-bath home features a spacious kitchen and sunroom, both added as more recent expansions, plus a hot tub for added charm. The detached garage converted into a rec room is fully insulated with a gas woodstove for year-round use. Being sold as-is with no representations or warranties, this property is a blank slate for your vision. With R4 zoning allowing flexibility and an immediate closing available, this is an investment opportunity you do not want to miss! Close to schools, parks, shopping, downtown, and major highways. *Primary bedroom virtually staged.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 208'
Fronting
East
Taxes
$4,273 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Garage Type
Detached
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Orillia Market Statistics
Orillia Price Trend
318 Moffat St is a 3-bedroom 2-bathroom home listed for sale at $399,900, which is $199,850 (33.3%) lower than the average sold price of $599,750 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Orillia declined by $13,150 (2.1%) compared to the previous 30 day period (December 22 - January 20) and up $38,204 (6.8%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in Orillia over the last 30 days (January 21 - February 19), which is up 110.0% compared with the previous 30 day period (December 22 - January 20) and down 8.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($7,010) (1.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,999 increase compared to the previous 30 day period (December 22 - January 20) and ($19,090) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Orillia over the last 30 days (January 21 - February 19) stood at 95.2%, down from 100.0% over the previous 30 days (December 22 - January 20) and up from 47.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Orillia stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
Similar Listings
Nestled in Orillias desirable North Ward, this 3-bedroom, 2-bathroom home sits on a deep lot backing onto the walking trail, just minutes from parks, a boat launch, downtown, and the waterfront beach. Inside, you'll find a bright, open living room filled with natural light, a spacious kitchen, and a family room with a walkout to the backyard. With endless potential, this is a fantastic opportunity for investors, first-time buyers, or those looking to add their personal touch in a prime location
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